What is TVP?
Technology Voucher Programme (TVP), a government funding scheme for merchants in Hong Kong which has been implemented since 2016, aims at subsidising local enterprises in using technological services and solutions to improve productivity, or upgrading or transforming their business processes. In order to facilitate more enterprises, in 2019, the scheme has been fully upgraded, the application qualifications have been relaxed and the procedures have been optimized. Since 1 April 2020, the funding ceiling per applicant has been increased to $600,000. Subject to the cumulative funding ceiling of $600,000, up to 6 projects from an applicant may be approved and each project should normally be completed within 12 months.